06-30-2020, 04:32 PM
(06-30-2020, 04:08 PM)EricL Wrote:No heartburn is worth something for sure. I'll keep it on the radar. Someday all the UTEs will dip for more than a week. None of them are particularly undervalued for a long time now.(06-30-2020, 03:05 PM)fenders53 Wrote: Somebody convince why I should buy ED. Divemenow is not the only one that owns it here. I hold about six UTEs at all times. They seem to offer more growth potential with a very reliable dividend.
ED isn't the highest yield, or the highest growth, or the best valuation, but it is a very good company.
41 years of dividend growth, solid A- credit rating, reasonable ~70% payout ratio, 4.25% yield.
Not going to get you rich quick, but probably won't give you heartburn either. That's worth something in this market.